Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

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NEW YORK, Aug. 4, 2017 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Numerex Corp. ("NMRX" or the "Company") (NASDAQ: NMRX) in connection with the proposed acquisition of the Company by Sierra Wireless, Inc. ("Sierra") (NASDAQ: SWIR). Under the terms of the acquisition agreement, the Company's shareholders will receive a fixed exchange ratio of 0.18 of a share of Sierra for each NMRX share they own, representing consideration of $4.12 based on Sierra's August 3 closing price.

WeissLaw is investigating whether NMRX's Board acted to maximize shareholder value prior to entering into the agreement. Notably, at least one analyst set a target price of $5.50. Additionally, shares of NMRX traded at $6.38 as recently as June, peaking in December of 2016 when they traded at $9.01.

Moreover, the acquisition is a strategic and financially attractive transaction for Sierra which will gain numerous benefits from this deal, including:

Acceleration of growth through the advancement of its IoT device-to-cloud strategy with the addition of Numerex's established customer base, sales capacity, proven solutions, and recurring revenue;

Improvements of scale and in global market-positioning;

Diversification of its services business and revenue mix; and

Increase in recurring revenue of services business from 4% annually to 10% or more.

Finally, upon closing, a meagre 10% of Sierra common shares will be held by NMRX shareholders.

Given these facts, WeissLaw is investigating whether NMRX's shareholders will obtain their fair and proportionate share of the Company's continued success and future growth prospects. If you own NMRX shares and would like more information about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/numerex-corp/